Cellectis Reports Financial Results for the Second Quarter 2026
Rhea-AI Summary
Cellectis (NASDAQ: CLLS, Euronext Growth: ALCLS) reported second-quarter 2026 results and clinical updates for its allogeneic CAR-T pipeline. Lasme-cel in r/r B-ALL received FDA RMAT designation based on BALLI-01 Phase 1 data showing 100% ORR (7/7) and 57% CR/CRi in the target Phase 2 population, with low rates of grade ≥3 CRS and ICANS (4% each) and IEC-HS (2%), all resolving. A pivotal Phase 2 BALLI-01 trial is ongoing, with first interim analysis expected in Q4 2026 and new country authorizations in the UK, France, Italy and Spain.
Eti-cel in r/r B-NHL showed 88% ORR and 63% CR in the optimal dose cohort of NATHALI-01, with translational data guiding alemtuzumab dosing and IL-2 strategies; a full Phase 1 dataset is expected in Q4 2026. Cash, cash equivalents and fixed-term deposits totaled $169 million at June 30, 2026, which Cellectis believes will fund operations into Q4 2027. For the first half of 2026, revenues and other income were $14.5 million versus $30.2 million a year earlier, while net loss attributable to shareholders narrowed to $39.6 million (loss per share $0.39) from $41.9 million ($0.42). Adjusted net loss improved to $35.6 million from $39.6 million, supported by a swing in net financial result from an $18.1 million loss to a $9.2 million gain, despite higher R&D and SG&A expenses.
Positive
- FDA RMAT designation granted for lasme-cel in r/r CD22+ B-ALL in June 2026
- BALLI-01 Phase 1 target Phase 2 population showed 100% ORR (7/7) and 57% CR/CRi
- NATHALI-01 optimal dose cohort reported 88% ORR and 63% CR in r/r B-NHL
- Cash, cash equivalents and fixed-term deposits of $169 million fund operations into Q4 2027
- Net financial result improved by $27.3 million YoY to a $9.2 million gain
- Net loss attributable to shareholders decreased to $39.6 million from $41.9 million YoY
- Adjusted net loss attributable to shareholders improved to $35.6 million from $39.6 million
Negative
- Revenues and other income declined to $14.5 million from $30.2 million YoY
- Cash, cash equivalents and fixed-term deposits fell to $169 million from $211 million at year-end 2025
- R&D expenses increased to $52.2 million from $45.0 million YoY
- SG&A expenses increased to $11.3 million from $9.8 million YoY
- Operating loss increased by $24.9 million for the six-month period YoY
- Total shareholders’ equity decreased to $41.1 million from $75.9 million at December 31, 2025
News Explained
For the three months ended
Key Figures
Previous Earnings Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 11 | 1Q26 earnings report | Neutral | -0.5% | First-quarter results were released with a -0.5% 24-hour price reaction. |
| Mar 19 | FY25 earnings report | Positive | -4.0% | Clinical progress and cash runway were reported despite a -4.02% reaction. |
| Nov 07 | 3Q25 earnings report | Positive | +11.3% | Clinical highlights and revenue growth accompanied an 11.29% reaction. |
| Aug 04 | 2Q25 earnings report | Negative | -16.2% | Higher net loss and pipeline updates accompanied a -16.23% reaction. |
| May 12 | 1Q25 earnings report | Negative | -6.6% | Net loss and cash burn were reported alongside a -6.62% reaction. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
The tag-specific earnings history averaged a -3.22% 24-hour move, with four negative reactions among five prior events.
Key Terms
rmat designation regulatory
overall response rate (orr) medical
minimal residual disease (mrd)-negative medical
cytokine release syndrome (crs) medical
immune effector cell-associated neurotoxicity syndrome (icans) medical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Lasme-cel: Pivotal Phase 2 in r/r B-ALL (BALLI-01)
- FDA RMAT designation received for lasme-cel
- Full Phase 1 clinical data from the BALLI-01 trial presented at EHA 2026
- Pivotal Phase 2 first interim analysis expected in Q4 2026
Eti-cel: Phase 1 in r/r NHL (NATHALI-01)
- Translational data from the NATHALI-01 trial highlighting key drivers of response presented at EHA 2026
- Full Phase 1 dataset expected in Q4 2026
Cash, cash equivalents and fixed-term deposits of
NEW YORK, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Cellectis (the “Company”) (Euronext Growth: ALCLS - NASDAQ: CLLS), a clinical-stage biotechnology company using its pioneering gene editing platform to develop life-saving cell and gene therapies, today provided financial results for the second quarter 2026 ending June 30, 2026.
"The lasme-cel and eti-cel clinical results presented at EHA 2026 are promising for patients with relapsed or refractory B-cell malignancies. We are also pleased to have received RMAT designation from the FDA for lasme-cel, which recognizes its potential to address an unmet medical need in B-ALL. We remain focused on advancing new options for people whose disease has returned or stopped responding to available therapies," said André Choulika, Ph.D., Co-Founder and Chief Executive Officer at Cellectis.
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1 Cash, cash equivalents and fixed-term deposits include restricted cash of
Allogeneic CAR-T Pipeline
Lasme-cel in relapsed or refractory B-cell acute lymphoblastic leukemia (r/r B-ALL) – BALLI-01
The Pivotal Phase 2 BALLI-01 trial is ongoing.
- In June 2026, Cellectis received FDA Regenerative Medicine Advanced Therapy (RMAT) designation for lasme-cel for treatment of r/r CD22 positive B-ALL. This designation was granted based on the BALLI-01 clinical data, demonstrating promising efficacy and a manageable safety profile. It reflects the FDA's recognition of the potential of lasme-cel to address the unmet medical need faced by patients with r/r B-ALL.
- In June 2026, Cellectis presented full Phase 1 data from the BALLI-01 trial at an oral presentation at the European Hematology Association (EHA) 2026 Annual Congress.
45 patients were treated in third line and beyond (3L+), including 15 at the recommended Phase 2 dose (RP2D), and 7 in the target Phase 2 population.
Heavily pretreated population: A median of 5 prior lines of therapy in the target Phase 2 population (range 2–11);
Efficacy Data (target Phase 2 population)
100% overall response rate (ORR) (7/7)57% complete remission/complete remission with incomplete count recovery (CR/CRi) (4/7), of whom75% were minimal residual disease (MRD)-negative- All responding patients proceeded to HSCT
Safety Data
- The therapy demonstrated a manageable safety profile, with grade ≥ 3 cytokine release syndrome (CRS) and Immune effector cell-associated neurotoxicity syndrome (ICANS), each occurring in
4% of patients. - Immune effector cell-associated hemophagocytic lymphohistiocytosis-like syndrome (IEC-HS) ≥ grade 3 occurred in
2% of patients. - All events resolved.
- In June 2026, the UK Medicines and Healthcare products Regulatory Agency (MHRA) approved the initiation of the Phase 2 study of BALLI-01 in the UK.
- In July 2026, enrollments in the Phase 2 BALLI-01 study in France, Italy and Spain have been authorized.
The first interim analysis for the pivotal Phase 2 of the BALLI-01 trial is expected in Q4 2026.
Eti-cel in relapsed or refractory non-Hodgkin lymphoma (r/r NHL) – NATHALI-01
The Phase 1 NATHALI-01 trial is ongoing.
- In June 2026, Cellectis presented translational data highlighting the key drivers of response at a poster presentation at the EHA 2026 annual congress.
As of the February 2026 data cutoff, 14 patients with r/r B-NHL had been treated across three dose levels.
Heavily pretreated population: median of 3 prior lines of therapy;
Efficacy Data (optimal dose cohort, n=8)
88% ORR63% complete response (CR) rate- Higher alemtuzumab exposure was associated with a lower inflammatory homeostatic milieu prior to eti-cel infusion, enhanced eti-cel expansion, and higher response rates.
- Responders demonstrated sustained low-level interleukin-2 (IL-2) secretion versus non-responders.
These findings support a weight-based alemtuzumab dosing regimen, currently under investigation to optimize lymphodepletion. Subcutaneous low-dose IL-2 is also being evaluated to further enhance eti-cel expansion and response.
Cellectis expects to present the full Phase 1 dataset in Q4 2026.
Partnerships
AstraZeneca - Joint Research and Collaboration Agreement
- Activities are continuing under the Joint Research and Collaboration Agreement with AstraZeneca, which leverages Cellectis’ gene editing expertise and manufacturing capabilities to develop up to 10 novel cell and gene therapy products for areas of high unmet medical need, including oncology, immunology and rare genetic disorders.
Servier (through its sublicensee Allogene) – Anti-CD19 CAR-T
- In July 2026, Allogene announced that the FDA has granted RMAT and Fast Track designations to cema-cel for the treatment of adult patients with large B-cell lymphoma (LBCL) who, at the completion of first-line (1L) therapy, are in complete or partial response suitable for observation but test positive for minimal residual disease (MRD).
Cema-cel is a product candidate licensed to Servier under the License, Development and Commercialization Agreement signed by and between les Laboratoires Servier and Institut de Recherches Internationales Servier (“Servier”) and Cellectis (the “Servier Agreement”) and sublicensed by Servier to Allogene in certain territories.
Allogene – Anti-CD70 CAR-T
- In July 2026, Allogene announced the publication of complete Phase 1 data from the TRAVERSE study of ALLO-316 in advanced or metastatic renal cell carcinoma (RCC) in the Journal of Clinical Oncology. Allogene announced that ALLO-316 achieved a
31% confirmed response rate with the recommended Phase 2 regimen in patients with Stage IV RCC with high CD70 expression, and that the safety profile was manageable with proactive diagnostic and management strategies effective in mitigating IEC-HS.2
Allogene’s investigational allogeneic CAR-T oncology products utilize Cellectis technologies. The anti-CD70 program is licensed exclusively from Cellectis by Allogene and Allogene holds global development and commercial rights to this program.
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2 IEC-HS includes the preferred terms immune effector cell-associated HLH-like syndrome and Hemophagocytic lymphohistiocytosis.
Corporate Updates
Annual Shareholders’ Meeting
- On June 25, 2026, Cellectis held a Shareholders General Meeting at the Biopark auditorium in Paris, France. At the meeting, during which approximately
56% of voting rights were exercised, resolutions 1 through 29 were adopted, while resolution 30 was rejected, consistent with the recommendations of the Board of Directors. The detailed results of the vote and the resolutions are available on Cellectis’ website: https://www.cellectis.com/en/investors/general-meetings/
Financial Results
Cash, cash equivalent and fixed-term deposits: As of June 30, 2026, Cellectis had
This compares to
We currently foresee focusing our cash spending at Cellectis in supporting the development of our pipeline of product candidates, including the manufacturing and clinical trial expenses of lasme-cel, eti-cel and potential new product candidates, and operating our state-of-the-art manufacturing capabilities in Paris (France) and Raleigh (North Carolina).
Revenues and Other Income: Consolidated revenues and other income were
R&D Expenses: Consolidated R&D expenses were
SG&A Expenses: Consolidated SG&A expenses were
Net financial gain (loss): The consolidated net financial gain for the six-month period ended June 30, 2026 was
The
The
Net Loss Attributable to Shareholders of Cellectis: Consolidated net loss attributable to shareholders of Cellectis was
Adjusted Net Loss Attributable to Shareholders of Cellectis: Consolidated adjusted net loss attributable to shareholders of Cellectis was
The interim condensed consolidated financial statements of Cellectis have been prepared in accordance with International Financial Reporting Standards, as issued by the International Accounting Standards Board (“IFRS”).
Please see "Note Regarding Use of Non-IFRS Financial Measures" for reconciliation of GAAP net income (loss) attributable to shareholders of Cellectis to adjusted net income (loss) attributable to shareholders of Cellectis.
| CELLECTIS S.A. UNAUDITED INTERIM CONDENSED STATEMENTS OF CONSOLIDATED FINANCIAL POSITION ($ in thousands) | |||||
| As of | |||||
| December 31, 2025 | June 30, 2026 | ||||
| ASSETS | |||||
| Non-current assets | |||||
| Intangible assets | 535 | 1,117 | |||
| Property, plant, and equipment | 38,788 | 34,797 | |||
| Right-of-use assets | 23,658 | 19,196 | |||
| Non-current financial assets | 5,088 | 4,723 | |||
| Other non-current assets | 20,025 | 22,734 | |||
| Deferred tax assets | 382 | 382 | |||
| Total non-current assets | 88,476 | 82,949 | |||
| Current assets | |||||
| Trade receivables | 14,398 | 5,075 | |||
| Subsidies receivables | 7,800 | 7,525 | |||
| Other current assets | 5,383 | 4,970 | |||
| Cash, cash equivalents and current financial assets | 208,663 | 166,847 | |||
| Total current assets | 236,244 | 184,417 | |||
| TOTAL ASSETS | 324,720 | 267,365 | |||
| LIABILITIES | |||||
| Shareholders’ equity | |||||
| Share capital | 5,903 | 5,924 | |||
| Premiums related to the share capital | 437,445 | 371,749 | |||
| Currency translation adjustment | (33,316 | ) | (32,679 | ) | |
| Retained earnings (deficit) | (266,538 | ) | (264,344 | ) | |
| Net income (loss) | (67,593 | ) | (39,584 | ) | |
| Total shareholders’ equity | 75,901 | 41,067 | |||
| Non-current liabilities | |||||
| Non-current financial liabilities | 74,013 | 66,185 | |||
| Non-current lease debts | 27,725 | 23,823 | |||
| Non-current provisions | 1,329 | 1,332 | |||
| Total non-current liabilities | 103,067 | 91,340 | |||
| Current liabilities | |||||
| Current financial liabilities | 10,460 | 7,500 | |||
| Current lease debts | 7,701 | 6,774 | |||
| Trade payables | 17,277 | 18,202 | |||
| Deferred income and contract liabilities | 96,803 | 90,918 | |||
| Current provisions | 1,169 | 917 | |||
| Other current liabilities | 12,342 | 10,647 | |||
| Total current liabilities | 145,752 | 134,958 | |||
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | 324,720 | 267,365 | |||
| Cellectis S.A. UNAUDITED INTERIM CONDENSED STATEMENTS OF CONSOLIDATED OPERATIONS For the six-month period ended June 30, 2026 ($ in thousands, except share and per share amounts) | |||||
| For the six-month period ended June 30, | |||||
| 2025 | 2026 | ||||
| Revenues and other income | |||||
| Revenues | 27,380 | 11,006 | |||
| Other income | 2,842 | 3,446 | |||
| Total revenues and other income | 30,222 | 14,452 | |||
| Operating expenses | |||||
| Research and development expenses | (45,012 | ) | (52,165 | ) | |
| Selling, general and administrative expenses | (9,780 | ) | (11,329 | ) | |
| Other operating income | 804 | 353 | |||
| Total operating expenses | (53,988 | ) | (63,140 | ) | |
| Operating loss | (23,766 | ) | (48,688 | ) | |
| Net Financial gain (loss) | (18,098 | ) | 9,176 | ||
| Income tax | - | (72 | ) | ||
| Net loss | (41,863 | ) | (39,584 | ) | |
| Basic and diluted net loss per share attributable to shareholders of Cellectis ($/share) | (0.42 | ) | (0.39 | ) | |
| Number of shares used for computing (basic and diluted) | 100,231,292 | 100,587,696 | |||
| UNAUDITED INTERIM CONDENSED STATEMENTS OF CONSOLIDATED OPERATIONS For the three-month period ended June 30, 2026 ($ in thousands, except share and per share amounts) | |||||||||
| For the three-month period ended June 30, | |||||||||
| 2025 | 2026 | ||||||||
| Revenues and other income | |||||||||
| Revenues | 16,725 | 5,229 | |||||||
| Other income | 1,469 | 1,675 | |||||||
| Total revenues and other income | 18,193 | 6,904 | |||||||
| Operating expenses | |||||||||
| Research and development expenses | (23,080 | ) | (24,976 | ) | |||||
| Selling, general and administrative expenses | (5,078 | ) | (5,739 | ) | |||||
| Other operating income | 378 | 290 | |||||||
| Total operating expenses and other operating income | (27,779 | ) | (30,425 | ) | |||||
| Operating loss | (9,586 | ) | (23,521 | ) | |||||
| Net Financial gain (loss) | (14,150 | ) | 1,727 | ||||||
| Income tax | - | (25 | ) | ||||||
| Net loss | (23,736 | ) | (21,819 | ) | |||||
| Basic and diluted net loss per share attributable to shareholders of Cellectis ($/share) | (0.24 | ) | (0.22 | ) | |||||
| Number of shares used for computing (basic and diluted) | 100,305,204 | 100,647,451 | |||||||
Note Regarding Use of Non-IFRS Financial Measures
Cellectis S.A. presents adjusted net income (loss) attributable to shareholders of Cellectis in this press release. Adjusted net income (loss) attributable to shareholders of Cellectis is not a measure calculated in accordance with IFRS® Accounting Standards. We have included in this press release a reconciliation of this figure to net income (loss) attributable to shareholders of Cellectis, which is the most directly comparable financial measure calculated in accordance with IFRS Accounting Standards.
Because adjusted net income (loss) attributable to shareholders of Cellectis excludes non-cash stock-based compensation expense—a non-cash expense, we believe that this financial measure, when considered together with our financial statements prepared in accordance with IFRS Accounting Standards, can enhance an overall understanding of Cellectis’ financial performance. Moreover, our management views the Company’s operations, and manages its business, based, in part, on this financial measure. In particular, we believe that the elimination of non-cash stock-based expenses from Net income (loss) attributable to shareholders of Cellectis can provide a useful measure for period-to-period comparisons of our core businesses. Our use of adjusted net income (loss) attributable to shareholders of Cellectis has limitations as an analytical tool, and you should not consider it in isolation or as a substitute for analysis of our financial performance as reported under IFRS Accounting Standards. Some of these limitations are: (a) other companies, including companies in our industry which use similar stock-based compensation, may address the impact of non-cash stock- based compensation expense differently; and (b) other companies may report adjusted net income (loss) attributable to shareholders or similarly titled measures but calculate them differently, which reduces their usefulness as a comparative measure. Because of these and other limitations, you should consider adjusted net income (loss) attributable to shareholders of Cellectis alongside our statements of consolidated operations prepared in accordance with IFRS Accounting Standards, including Net income (loss) attributable to shareholders of Cellectis.
| RECONCILIATION OF IFRS TO NON-IFRS NET INCOME (unaudited) For the six-month period ended June 30, 2026 ($ in thousands, except per share data) | |||||
| For the six-month period ended June 30, | |||||
| 2025 | 2026 | ||||
| Net loss | (41,863 | ) | (39,584 | ) | |
| Adjustment: Non-cash stock-based compensation expense | 2,258 | 3,952 | |||
| Adjusted net loss attributable to shareholders of Cellectis | (39,606 | ) | (35,632 | ) | |
| Basic and diluted adjusted net loss attributable to shareholders of Cellectis ($/share) | (0.40 | ) | (0.35 | ) | |
| Weighted average number of outstanding shares, basic and diluted (units) | 100,231,292 | 100,587,696 | |||
| RECONCILIATION OF IFRS TO NON-IFRS NET INCOME (unaudited) For the three-month period ended June 30, 2026 ($ in thousands, except per share data) | |||||
| For the three-month period ended June 30, | |||||
| 2025 | 2026 | ||||
| Net loss | (23,736 | ) | (21,819 | ) | |
| Adjustment: Non-cash stock-based compensation expense | 1,282 | 2,289 | |||
| Adjusted net loss attributable to shareholders of Cellectis | (22,454 | ) | (19,529 | ) | |
| Basic and diluted adjusted net loss per share attributable to shareholders of Cellectis ($/share) | (0.22 | ) | (0.19 | ) | |
| Weighted average number of outstanding shares, basic and diluted (units) | 100,305,204 | 100,647,451 | |||
About Cellectis
Cellectis is a clinical-stage biotechnology company using its pioneering gene-editing platform to develop life-saving cell and gene therapies. The company utilizes an allogeneic approach for CAR T immunotherapies in oncology, pioneering the concept of off-the-shelf and ready-to-use gene-edited CAR T-cells to treat cancer patients, and a platform to develop gene therapies in other therapeutic indications. With its in-house manufacturing capabilities, Cellectis is one of the few end-to-end gene editing companies that controls the cell and gene therapy value chain from start to finish. Cellectis’ headquarters are in Paris, France, with locations in New York and Raleigh, NC. Cellectis is listed on the Nasdaq Global Market (ticker: CLLS) and on Euronext Growth (ticker: ALCLS). To find out more, visit www.cellectis.com and follow Cellectis on LinkedIn and X.
Cautionary Statement
This press release contains “forward-looking” statements within the meaning of applicable securities laws, including the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as “expected,” “foresee,” “may,” “potential,” “promising,” “will” or the negative of these and/or similar expressions. These forward-looking statements are based on our management’s current expectations and assumptions and on information currently available to management, including information provided or otherwise publicly reported by our licensed partners. Forward-looking statements include statements about the potential of the pivotal Phase 2 BALLI-01 trial to be registrational phases, the advancement, timing and progress of clinical trials, the timing of our presentation of data, the potential safety and efficacy of our product candidates, the potential benefits of RMAT designation, the sufficiency of cash to fund operations, the potential benefit of our product candidates and technologies, and the outcomes of our collaboration agreements, including with AstraZeneca, Servier, and Allogene. These forward-looking statements are made in light of information currently available to us and are subject to significant risks and uncertainties, including with respect to the numerous risks associated with biopharmaceutical product candidate development. Actual results, performance or events may differ materially from those projected in any forward-looking statement. Many important factors may adversely affect such forward-looking statements and cause actual results to differ from those in any forward-looking statement, including, without limitation, inconclusive clinical trial results or clinical trials failing to achieve one or more endpoints; early data not being repeated in ongoing or future clinical trials; promising preclinical data not yielding positive clinical results; failures to secure required regulatory approvals; regulatory developments in the United States and European Union and its member countries, and other countries; disruptions from failures by third-parties on whom we rely in connection with our clinical trials; delays or negative determinations by regulatory authorities; changes or increases in oversight and regulation; increased competition, including within the hemato-oncology field, which may affect our assessment of the relative strategic priority of our various research and development programs; manufacturing delays or problems; inability to achieve enrollment targets; disagreements with our collaboration partners or failures of collaboration partners to pursue product candidates; legal challenges, including product liability claims or intellectual property disputes or disputes with respect to a licensing agreement; any failure to achieve potential benefits or our licensing agreements with licensees or to enter into future arrangements; the ability and willingness of licensees to actively pursue development activities under our collaboration agreements; commercialization factors, including regulatory approval and pricing determinations; disruptions to access to raw materials or starting material; delays or disruptions at our in-house manufacturing facilities; proliferation and continuous evolution of new technologies; capital resource constraints; the rate and degree of market acceptance of, and demand for, our product candidates; dislocations in the capital markets; and our ability to attract and retain key scientific and management personnel. Particular caution should be exercised when interpreting results from Phase 1 studies and results and interim data relating to a small number of patients – such results should not be viewed as predictive of future results. With respect to our cash runway, our operating plans, including product development plans, may change as a result of various factors, including factors currently unknown to us. Furthermore, many other important factors, including those described in our Annual Report on Form 20-F as amended and in our annual financial report (including the management report) for the year ended December 31, 2025 and subsequent filings Cellectis makes with the Securities Exchange Commission from time to time, which are available on the SEC’s website at www.sec.gov, as well as other known and unknown risks and uncertainties may adversely affect such forward-looking statements and cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons why actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future.
For further information on Cellectis, please contact:
Media contacts:
Pascalyne Wilson, Director, Communications, + 33 (0)7 76 99 14 33,
Patricia Sosa Navarro, Chief of Staff to the CEO, +33 (0)7 76 77 46 93,
media@cellectis.com
Investor Relations contact:
Arthur Stril, Chief Financial Officer & Chief Business Officer, investors@cellectis.com
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